M&A Deal Summary

Alivia Acquires SourcEdge

On February 27, 2024, Alivia acquired information technology company SourcEdge

Acquisition Highlights
  • This is Alivia’s 1st transaction in the Information Technology sector.
  • This is Alivia’s 1st transaction in the United States.
  • This is Alivia’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2024-02-27
Target SourcEdge
Sector Information Technology
Buyer(s) Alivia
Deal Type Add-on Acquisition

Target

SourcEdge

Chester Springs, Pennsylvania, United States
SourcEdge is a technology solutions partner helping health plan CIOs and VPs modernize and maintain their claims and business systems. This unique expertise includes protected health information (PHI) security, value-based care strategy accelerators, and claims payment data consolidation. SourcEdge was formed in 2018 and is based in Chester Springs, Pennsylvania.

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Buyer(S) 1

Buyer

Alivia

Woburn, Massachusetts, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Alivia provides a revolutionary, AI-powered payment integrity platform for cost containment, serving commercial and government health plans, auditors, and fraud investigators. The platform offers speed, accuracy, and adaptability with powerful data and analytics. Alivia is based in Woburn, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

Legal